Infrastructure investment manager I Squared Capital has closed its ISQ Global Infrastructure Fund III at the $15 billion legal cap, exceeding an initial target of $12 billion

Telecoms business Virgin Media O2 is seeking investors to fund its fibre rollout across the UK, with teasers having reportedly been issued at the end of February

A consortium of investors led by Novator Ventures has participated in the $100 million financing round of Lithuanian internet security and privacy company Nord Security

Natixis affiliate Vauban Infrastructure Partners has established a dedicated ESG team led by Gwen Colin as ESG director

Hong Kong-headquartered ESR Cayman is developing a new 20MW data centre in Western Tokyo

Telecoms investor Grain Management has acquired LightRiver’s technologies and software business from CVF Capital Partners and Plexus Capital for an undisclosed sum

An Axian Telecom-led consortium has closed on the acquisition of Luxembourg-based Milicom’s portfolio of telecom assets in Tanzania

Broadband provider TalkTalk Group is set to acquire UK high bandwidth services provider Virtual1, which combined will provide them with an ethernet market share of 25%

First close on a sustainable debt fund is expected in Q3 with an initial target set

Long-serving Arcus partner Nicola Palmer has left the infrastructure asset manager, stepping down at the end of March

Italian telecoms company TIM Group has started discussions on the possible integration between its network and Italian telecoms business Open Fiber

Global infrastructure fund Pantheon Infrastructure is to invest $30 million in US wireless communication infrastructure operator Vertical Bridge

The government of Ethiopia has postponed the partial privatisation of Ethio Telecom, citing “recent developments and fast-moving macroeconomic changes"

Aviva has this week extended a further £100 million to Essex-based alternative network provider County Broadband to help further the company’s coverage expansion

Digital 9 Infrastructure, through its subsidiary Digital 9 Wireless, has acquired Irish enterprise broadband provider Leeson Telecom for €60 million